Facultative. For any facultatively reinsured replacement business where the contestability periods were waived, to include but not be limited to the policies listed in Attachment No. 3 to this Amendment, the rates shown on Attachment No. 2 to this Amendment shall be used. For this existing replacement business, the reinsurance premium change shall be effective on the effective date of the Agreement and applies to all renewal premiums for any policies inforce as of August 1, 1987. That is, a premium adjustment shall be made for this replacement business for all policy anniversaries, or monthiversaries, since the inception of the Agreement, provided the policy was inforce on August 1, 1987.
Appears in 4 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
